Material Management ARAVIND - 09901366442 – 09902787224
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Material Management
1. What is the need for International
Purchase? Discuss the procedure and problems in International Purchase.
2. Differentiate between independent and
dependent demand inventory. Dependent demand inventory items do not need to be
forecast. Why not? Explain with the help of examples?
3.
If you reduce WIP then you expose
many organizational bottlenecks." Comment on this statement. Also, state
the reasons for your agreement/disagreement.
4. Explain how a performance appraisal
system can be used in the context of materials management. What are the metrics
of performance appraisal in materials management?
5.
What is the scope of materials
management? Define the various roles of materials management in the context of
internal and external interfaces to a materials management system.
6.
Why is negotiation an important
aspect of purchasing? Describe the elements and objectives of negotiation. Also
discuss the negotiation process and techniques.
7.
Discuss the various losses in
warehouses. What are the reasons of their generation? Discuss the procedure of preventing and controlling
losses in a warehouse.
8. What are the measures you recommend to
maintain inventory security in stores? Discuss in brief the problems and their
remedies in case of valuation of finished goods and work-in-process inventory.
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